The Indian markets snapped a two-day winning streak as the bears took control pushing the S&P BSE Sensex lower by over 100 points, while the Nifty50 managed to close above 18000 levels.

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Sectorally, buying was seen in industrials, capital goods, auto, oil and gas, and energy, while profit booking was seen in metals, finance, consumer durables, and banks.

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Stocks that were in focus include Shoppers Stop that closed with gains of about 10 per cent, Tata Motors closed with gains of nearly 2 per cent and TVS Motor Company rose over 2 per cent.

Here's what Vijay Dhanotiya, Lead of Technical Research at CapitalVia Global Research Limited, recommends investors should do with these stocks when the market resumes trading today:

Shoppers Stop: Buy

Shoppers Stop has been rising from the trendline support on the daily charts. We can see channel formation on the daily chart and the stock has given a breakout from the said pattern near 321.

The stock has taken the support on 55 and 200-Days EMA. The stock is trading around the level of 393 and we can expect it to reach the level of 560.

We have observed indicators like EMA and MACD indicating the momentum in the stock is likely to continue. We recommend a buy in Shoppers Stop above 393 with the target of 560. Investors are advised to maintain a Stop Loss of 269.  

Tata Motors:

Tata Motors has been rising from the support of 55 and 200-Days EMA lines in the daily charts. The stock has given a trendline breakout on the weekly chart and is trading around 510.

We expect a bullish sentiment in the stock from the support of 200-Days EMA line. We have observed momentum indicators like EMA and RSI, indicating that the momentum in the stock is likely to continue. We recommend a buy in Tata Motors above 510 with a target of 600, and a stop loss can be placed below 462.

TVS Motors: Buy

The stock is in a bullish trend and is trading near the breakout level on the weekly charts. The stock has taken the support near the 200-days EMA Line on the daily and weekly charts.

We recommend a buy in TVS Motors above 810 with the Target of 935. Investors are advised to maintain a Stop Loss of 690.  

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)